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Hi , please help with question 3 . 1 and 3 . 2 Question 3 ( Marks: 2 0 ) Shoes Ltd . manufactures three
Hi please help with question and
Question Marks: Shoes Ltd manufactures three items: Sneakers, Takkies and Sandals. The table below contains information regarding these products:Sneakers R unitTakkies R unitSandals R unitMaterial costLabour costVariable overhead costFixed overhead costSelling price per unitVolume of productionFixed overheads are allocated to products based on direct labour hours.Direct labour hours are constrained and therefore limited to hours.The direct labour rate is R per hour.Required:Q Calculate the contribution margin per labour hour and then rank the products inorder of profitability.Q Calculate the number of units of each product that needs to be manufactured to
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